Fraud isn’t just evolving- it’s exploding. What once involved old-fashioned pickpockets and stolen wallets is now a digital battlefield. And scammers are getting increasingly creative, too. From sophisticated cloned websites to deceptive phishing schemes, they are making it substantially harder for businesses to protect themselves and their customers.

The expansion of your attack surface is inevitable. As your business grows, so does the need to leverage API integrations and third-party tooling to ensure your product remains competitive. But what about ensuring that your product remains secure? The proportion of breaches involving supply chain interconnection increased by 68% between 2023 and 2024. Attackers are not just interested in your data – they are after the weak links in your interconnected systems.

Every step you take, every move you make, some company will be watching you. While user activity monitoring may sound invasive at first, the growing number of insider and external threats makes it compulsory for companies to understand how users interact with their systems. 43% of workers report their employer monitors their online activity, and this percentage rises to 48% for hybrid employees.

Like the speed of light, phishing remains a reliable constant in the cybercrime universe, never going out of fashion with fraudsters, always reinventing itself to stay relevant. As part of that reinvention, phishing-related scams increasingly use search engine optimization (SEO) to drive malicious websites higher in search results, outranking legitimate sites whose brands they often impersonate.

If you give attackers an inch, they will take a mile. That’s essentially what happens when there are minor flaws in your web applications – these flaws leave one inch of your system’s doors open. Before you know it, sophisticated threats like directory traversal come crawling. Currently, there are 55 different directory traversal vulnerabilities in CISA’s Known Exploited Vulnerabilities (KEV) catalog.

The subscription model is a gift that keeps on giving. For customers, it offers convenience, flexibility, and continuous access to the services or products they love. For businesses, it creates a steady and predictable revenue stream, fosters long-term customer relationships, and provides valuable insights into user behavior. But here’s a third player in the game that loves subscriptions just as much: fraudsters.

What do bank account takeovers, credit card scams, purchase of counterfeit goods, and frequent flier mile theft, all have in common? All these cyber crimes usually begin with a user visiting a fake website. In the first quarter of 2024, over 963,000 unique phishing sites were detected worldwide. Phishing sites are just one category of fake websites that mimic legitimate sites to steal information. The overall scope of fake websites is likely much broader.

Almost a decade after their emergence, Progressive Web Apps (PWAs) finally went mainstream in 2024. Their MO? To compete with, and in some cases replace native apps. To do this, PWAs promise to combine the best features of web and native mobile apps, delivering seamless, reliable, and engaging experiences across all devices and platforms. Cross-platform compatibility, direct distribution, cost and maintenance advantages – it all sounds very alluring.

Whenever anything of value is transferred between parties online, there will be crooks lurking in the shadows, looking to defraud the participants. As consumers, we almost expect them to be there. As businesses, it’s often our responsibility to protect our customers and prospects from being defrauded by bad actors masquerading as our representatives. Airline-related fraud accounts for an estimated 46% of all fraudulent online transactions.

Every day, new headlines emerge about another major corporation falling victim to a cyberattack, leaving businesses everywhere questioning their vulnerabilities. These breaches underscore the critical need for thorough risk assessments to identify and mitigate potential weaknesses. Proactively managing risks enables organizations to better defend against the relentless wave of cyber threats.